What is Bitcoin4u.biz? Is Bitcoin4u a Scam or a Legit?
Are you searching for the Bitcoin4u.biz reviews in order to find out what is Bitcoin4u, either is Bitcoin4u.biz a scam or legit? If so, then you have landed in the right place because here, within our Bitcoin4u.biz review, we have provided the complete truth about Bitcoin4u, such as, the reasons for having lots of negative Bitcoin4u reviews, Bitcoin4u.biz scam claims, business model and background details of Bitcoin4u and so on, overall about what is bitcoin 4u, either is Bitcoin4u scam or legit. Actually, in short, we want to make it clear that we have listed Bitcoin4u within our Not Recommended sites list because it is following an illegal cash gifting business model and the details of the owner is also unavailable. You can find more details within our Bitcoin 4 u review as below,. But, if this much information on Bitcoin4u is enough for you and now instead of finding out more details on Bitcoin4u, if you want to find out the legal money making opportunities, then you can find the list of our Good and Trusted Online Works companies by clicking this link:- newsonlineincome.com/legitimate-work-home-businesses/
Although we have listed several kinds of Good and Trusted Online Works companies, but our top recommendation is always Wealthy Affiliate and the reason for that you can find within our Wealthy Affiliate review page by clicking this link:- newsonlineincome.com/wealthy-affiliate-review/
OK, let’s begin with our Bitcoin4u review as below.
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Bitcoin4u log in and join in link:- https://bitcoin4u.biz/ (Not Recommended to join)
What is Bitcoin4u? Background of Bitcoin4u.
Bitcoin4u (Bitcoin4.biz) is a company which is following a cash gifting business model which is neither a legal nor a sustainable business model. In this company, the new members need to gift the cash to other 10 members to join the company positioned in 10×10 matrix, among which top two positions will be the accounts of the admin/owner itself and those who joined will be placed into the 10 position and the third positioned member will be out of the matrix list, but the top 2 accounts of admin/owner will be fix in top 2 positions always to take money every time from the new members. So, that simply makes it clear that the admin/owner of this company will make much more money than any members of this company. Actually, most of times the owners of the companies make more money, so that is not a bad thing, but we need to see how those owners are making money and what kind of business model they are following to make money from their companies which is definitely not good in the case of Bitcoin4u. So, now let’s find out who is that admin/owner of Bitcoin4u who is taking money from each new members always.
When we tried to check the background of the Bitcoin4u company, specially the owner details, we came out empty hands. From the WHOIS details, we only found out that the domain of BitCoin4u was registered in August 2016. More than that, all the information, such as, the owner name, the address of company, etc. are hidden within the WHOIS detail as well as in their official website. So, do you really want to join that company where you need to pay the money to that owner which is like a ghost without a name and address? Anyway, we are not ready for that and this is already one of the red flag for not recommending this company. On top of that, the business model of this company is cash gifting scheme which is illegal and already proven to be bad because companies like MMM and Zarfund are already proof for that. So, from our side, this much information about the Bitcoin4u is enough for not recommending it.
How to earn money from BitCoin4U? – Not recommended to work with it
Aforementioned, we don’t recommend you to invest your money within Bitcoin4u, but if you still want to find out what this company offers to make money from it, then you can find the details as below.
In order to work with Bitcoin4u, you need to join this company by paying 0.02 BitCoin (BTC). Once you join, your payment will be given to the 10 members by dividing equally (means each one as listed in their replicated website will receive 0.002 BitCoin each) and you will be placed at 10 level in the matrix. In that 10 members list, top two positions are fixed for the admin/owner account. Once you enter in 10 level position, the member who was in the third level in that list will be out of the list from the replicated website. Once the payment of new affiliate in new level has been confirmed, each affiliates on the list will be move up in the position. However, the position of the admin will be never taken out and the admin will always receive the payment from each new members who join the system. After that how much you can earn depends upon how much members you can recruit. Yep you hear us right, the only way to earn from this company is by recruiting new people from your own effort who are willing to pay 0.02 BTC to gift the existing members including you and teaching them to do the same. So, you need to find other people who will join Bitcoin4u as your referral by paying 0.02 BTC by marketing/advertising the replicated website as given by them to you under which your username will be at 10 level at starting, but your earning position will be at 8 level because top 2 positions are always fixed for the admin of the website. Once some people join under you as your referral, then your username will be move to the 7 level and you can earn 0.002 BTC from each new affiliate your recruit and so the rest of others up above in the list of your replicated website including the admin of the website. When your those recruited members refer other, then your position will be rise up to the 6 level and you will earn 0.002 BTC from all the referrals that you have directly recruited and also from the referrals that your referrals have recruited. Like this you can earn upto 8 level referrals because first 2 level in 10×10 matrix is fixed for the admin. So, as per their website claims, you can earn the BTC as shown in the screenshot as below.
When you see the screenshot as above, you may be feel that it is very easy way to earn money. Not so fast because first of all it is hard to fill those matrix as they have shown in their website and even if you are able to fill that matrix and earn money, then also later you can get caught up into the legal action from the concerned authorities for promoting illegal cash gifting scheme anytime. So, it is very risky to involve and work in these kind of companies. More than that if the owner of the company is hidden, then there is more high risk because that kind of company can stop paying and can run with the money of the members anytime sooner or later.
Aforementioned, it is clear that Bitcoin4u is an illegal cash gifting scheme and also the owner details of the company is completely hidden, so we don’t recommend you to join and invest in this company. Even if everything goes well, then also this kind of business model can’t sustain for long run because sooner or later, the market to find new affiliates will be saturated and the whole system will start to backfire and ultimately collapse. This is the reason why we have listed Bitcoin4u within our Not Recommended sites list. Actually, we only recommend legit business opportunities, the list of which you can find by clicking this link:- newsonlineincome.com/legitimate-work-home-businesses/
However, among all legit business opportunities, we have marked Wealthy Affiliate as a No.1 online business opportunity because you will not only earn within Wealthy Affiliate, but will also learn the every expert business skills from it to earn from reputed companies like eBay, Amazon, Google AdSense etc. as well as by creating your own website within your own subject of interest. You can find more details on Wealthy Affiliate by clicking this link:- newsonlineincome.com/wealthy-affiliate-review/
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